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Real estate and construction professionals from across the state will come together for MEREDA's annual conference on Thursday, Feb. 27, at the Holiday Inn by the Bay in Portland.
Bernice Cote, a 30-year employee at the Farmington-based bank, has been named vice president and learning and development director.
Elise Baldacci, president of the Maine Credit Union League, sat down with Mainebiz at the organization's Westbrook headquarters to offer her take on the sector.
Andrew Fortin-Trimble, who joined the bank in 2020 as vice president and director of marketing, had another promotion in 2023.
The amount raised in 2024 marks a new milestone for the annual campaign, bringing the total to $14.9 million raised since 1990.
A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
Norway Savings Bank has hired Melissa Kraft as a vice president of project management.
Skowhegan Savings Bank has hired Michael Pietroskias as a vice president and commercial lender.
Lower net interest income and increased operating expenses were the main reasons a year-to-date drop in net income.
Jacob Ouellette has been promoted to vice president and investment officer of the bank asset management group.
Most recently, Dawn Mugford served as executive vice president and chief risk officer at Rockland Trust Bank, based in Rockland, Mass.
A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
Rich Allen plans to retire after over 23 years as the vice president and senior commercial loan officer at Franklin Savings Bank’s Rumford branch.
The 38-year banking industry veteran Larry Wold has joined Bar Harbor Bank as senior vice president for commercial lending.
Bar Harbor Bank & Trust has promoted Jacklyn Sinclair to assistant vice president and branch relationship manager at the Ellsworth location.
Franklin Savings Bank, which operates eight branches in Maine, has promoted Katie Deming to vice president, customer service and branch manager.
The first quarter of 2025 gave businesses a lot to think about, with ever-changing trade policies, funding cuts, market volatility and so on.
J.P. Morgan Research last month put the probability of a recession in 2025 at 60%, up from 40%. It said tariffs — particularly taxes on imports from China — were a "material threat to growth."
While recessions are "inherently unpredictable," says J.P. Morgan's chief global economist, most businesses probably have some sense by now of what's ahead.
With the second half of the year in sight, Mainebiz wants to get an idea of the mindset of Maine business leaders.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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